Monday November 10 2014
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Link: http://www.hkex.com.hk/eng/newsconsul/hkexnews/2014/Documents/141110news.pdf
The China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission have jointly announced that the launch of Shanghai-Hong Kong Stock Connect on 17th November 2014 has been approved.
Additionally, the relevant rules and regulations of the Parties with regard to the Trading Links and the Clearing Links have been published; detailed operational agreements covering matters such as quota controls, trading arrangements, revenue sharing, cross-boundary cash transfers, connection of information technology systems, market surveillance and information exchange for regulatory and rule enforcement purposes have been executed by the Parties; and the necessary approvals and authorisations have been granted by the relevant regulators. As all the conditions under the Four-party Agreement have been satisfied, Shanghai-Hong Kong Stock Connect will commence operation on the 17th November 2014.
Click here for the list of Exchange and Clearing Participants that will participate in Stock Connect, the list of eligible stocks for Northbound trading and the list of stocks that will be eligible for Northbound margin trading on 17 November 2014.
Click here for Shanghai-Hong Kong Stock Connect Presentation.
Click link above for further details.